India's First AI Unicorn Files for IPO Amid the Country's Booming AI Sector
10 Articles
10 Articles


India's first AI unicorn files for IPO amid the country's booming AI sector
Fractal Analytics, an India-based artificial intelligence (AI) and analytics services provider, has filed for an initial public offering (IPO) in Mumbai that could value the company at over US$3.5 billion, reports .
IPO-Bound Fractal In The Black, Posts INR 220 Cr Profit In FY25
IPO-bound Fractal turned profitable in the financial year 2024-2025 (FY25). The AI-powered SaaS startup reported a consolidated net profit of INR 220.6 Cr in the fiscal year under review as against a loss of INR 54.7 Cr in FY24. In its draft red herring prospectus (DRHP) for an INR 4,900 Cr IPO, the startup shared its bottom-line numbers. Fractal’s operating revenue stood at INR 2,765.4 Cr in FY25, up 25.9% from INR 2,196.3 Cr a year ago. This …
Fractal Analytics moves ahead with Rs 4,900 crore IPO
New Delhi: Artificial intelligence solutions provider Fractal Analytics has filed preliminary papers with the markets regulator, Sebi, seeking its approval to raise Rs 4,900 crore through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares worth up to Rs 1,279.3 crore and an Offer for Sale (OFS) valued at Rs 3,620.7 crore, according to the draft red herring prospectus (DRHP) filed on Tuesday. The OFS includes Rs 1…
India’s first AI unicorn Fractal files papers for Rs 4,900 crore IPO
Fractal Analytics, India's first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India's increasing adoption of consumer technologies.
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